Mickleham tops the list of construction hotspots

18 JUN 2021 By Fergus Halliday 9 min read Hotspots

After several years of growing market activity, a Melbourne suburb has finally topped the list when it comes to building approvals.

construction residential property spi

A new report by the Housing Industry Association has highlighted the suburb of Mickleham as Australia’s leading hotspot for home construction. 

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Listed in HIA’s latest Population & Residential Building Hotspots Report, Mickleham currently boasts a population growth rate of 32.8 per cent and $412.1 million in building approvals.

According to HIA economist Angela Lillicrap, “Mickleham – Yuroke has been a regular in the National Top 20 Building Hotspots list over the past couple of years, along with second on the list, Rockbank – Mount Cottrell.”

“Australia’s population growth has been constrained due to closed borders. COVID-19 has also seen consumer preferences shift away from inner-city apartment-style living to detached housing in regional areas.” 

As a result, Ms Lillicrap said that HIA expects to see more and more regional areas make the cut when it comes to future reports. 

HIA’s most recent Population & Residential Building Hotspots Report found that 11 of the top 20 hotspots – areas where the population rate is increasing faster than the national average and over $150 million in residential construction has been approved over the last 12 months – were located in Victoria. 

NSW managed to secure five slots, while South-East Queensland came away with three. Meanwhile, the ACT suburb of Greenway held the final spot.

A full list of HIA’s top 20 hotspots is as follows:

  1. Mickleham, Vic
  2. Rockbank, Vic
  3. Riverstone, NSW
  4. Wollert, Vic
  5. Cranbourne South, Vic
  6. Cobbitty, NSW
  7. Werribee, Vic
  8. Rouse Hill, NSW
  9. Cranbourne East, Vic
  10. Wolffdene, Qld
  11. Springfield Lakes, Qld
  12. Ingleburn, NSW
  13. Melton South, Vic
  14. Australia, NSW
  15. Greenway, ACT
  16. Truganina, Vic
  17. Grovedale, Vic
  18. Alfredton, Vic
  19. Tareneit, Vic
  20. West End, Qld

Recent data from the ABS found that monthly detached building approvals in Australia hit record highs for the third month in a row in April 2021.

The federal government took credit for the result.

Minister for Housing Michael Sukkar said, “This near-record set of numbers is further proof that the Morrison government’s plan for housing is working and underpinning Australia’s economic recovery.” 

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